LIC Housing Finance consolidated net profit declines 39.13% in the March 2020 quarter

Sales rise 5.76% to Rs 4935.20 crore

Net profit of LIC Housing Finance declined 39.13% to Rs 424.25 crore in the quarter ended March 2020 as against Rs 697.02 crore during the previous quarter ended March 2019. Sales rose 5.76% to Rs 4935.20 crore in the quarter ended March 2020 as against Rs 4666.49 crore during the previous quarter ended March 2019.

For the full year,net profit declined 1.26% to Rs 2403.26 crore in the year ended March 2020 as against Rs 2433.95 crore during the previous year ended March 2019. Sales rose 13.46% to Rs 19736.10 crore in the year ended March 2020 as against Rs 17395.38 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales4935.204666.49 6 19736.1017395.38 13 OPM %94.0994.09 -91.9393.65 - PBDT848.04994.15 -15 3333.293403.67 -2 PBT832.93990.91 -16 3282.183391.75 -3 NP424.25697.02 -39 2403.262433.95 -1

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